Friday, December 20, 2024
World coal demand and exports set for new record highs in 2024- oil and gas 360

World coal demand and exports set for new record highs in 2024

(Oil Price) – The world’s consumption and exports of thermal coal are expected to rise this year from 2023 to hit fresh record-highs, according to export and power generation data cited by Reuters columnist Gavin Maguire. Coal-fired electricity generation has increased so far this year by 2% compared to 2023, to hit new highs as power demand in emerging markets grows. Coal power

Record new renewable energy capacity this year and next: IEA- oil and gas 360

Record new renewable energy capacity this year and next: IEA

Reuters LONDON, Nov 10 – Record levels of new renewable energy capacity are set to come on stream this year and next, while fossil fuel capacity will fall due to an economic slump and the COVID-19 crisis, the International Energy Agency (IEA) said in a report. In its annual renewables outlook, the IEA said new additions of renewables capacity worldwide

EIA Power Plant Tally: Gas Plants Still Lead New Generation Capacity

NatGas combined cycle plants were 40% of proposed total capacity additions The EIA has released its report on utility-scale power plants planned and built in the United States and natural gas continues to lead the way. Power plant developers told EIA they planned to install 25.1 gigawatts (GW) of generating capacity in 2017. Here is how it developed: 7 GW

ETP Simplifies Structure with $20 Billion Sunoco Acquisition

Retirements of Coal, Oil Power Plants Beget Demand for Gas – Especially in Florida

Gas pipelines critical to get gas to Florida – state added 3.4 GW of gas-fired power since 2016, another 3.9 GW coming in next 6 years The retirement of older coal and oil-fired power plants in the state has instigated the need for new natural gas generation capacity and, because Florida lacks the appropriate geology for underground natural gas storage,

The Future of Natural Gas Growth, Renewables Growth Depends on the Clean Power Plan

If the CPP passes, natural gas growth will double and renewables will show much stronger growth: EIA The extent to which renewables and natural gas continue to grow in terms of their overall percentage in the energy generation mix in the United States will depend on the future of the EPA’s Clean Power Plan, according to new data from the

coal mine Wyoming

Coal Production Hits 35-Year Low

Decreasing demand for coal in electricity generation pushes production down to levels not seen since the early 1980s Coal production in the first three months of 2016 was 173 million short tons, the lowest quarterly level in the United States since a major coal strike in the second quarter of 1981. Among the regions tracked by the EIA, the Powder

Electrical power

Congressional Committee Attempting to Reverse 2 EPA Rules that would do More Harm than Good

House Energy and Power Subcommittee passes resolutions to stop overreach of one federal agency This week, the Energy and Power Subcommittee, chaired by Rep. Ed Whitfield (R-KY), passed two resolutions, H.J. Res 71 and H.J. Res 72, disapproving of two final rules issued by the Environmental Protection Agency (EPA) for new and existing power plants. The resolutions would provide for Congressional